$XIAOMI-W(01810)$ Not only did Lei Jun post on Weibo yesterday saying that Xiaomi's performance this time was the best performance, but he also mentioned Xiaomi's financial report in today's live broadcast, which is rare. Of course, this is enough to show from the side that the boss is quite satisfied with this performance.
Indeed, Xiaomi's performance this time exceeded expectations in all aspects, which is worth talking about. Among the many unexpected data, the gross profit margin of innovative businesses such as automobiles should be the most surprising to the market. Not many companies have achieved this result in the first car and the first quarter. NIO's early single car losses were also around 100,000. Secondly, Xiaomi's cash reserves are 141 billion yuan, which is more than before the car manufacturing. Xiaomi's development in the past ten years is still very solid. In addition, the data of asset-liability ratio can also be compared, which is basically not affected by the expansion of new businesses. I wonder if the bosses of car companies are planning to start a second business after seeing this data.
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